Royal Commercial Retail Building – 12134 (Status: Available) 1097000

12134, Pacific Hwy, Lakewood, WA  98499

Presenting a fully occupied investment prospect, this property offers a unique opportunity to expand your portfolio with a 3 unit retail strip! Anchored by two well-established restaurants and a smoke shop., The property is situated on the bustling Pacific Highway, ensuring high visibility and traffic. The site benefits from parking visibility and potential for higher rents enhances its value-add potential. All units are under triple net leases (NNN) ensuring tenants are responsible or expenses. Located in an area experiencing growth, this property represents a dynamic investment for some one looking to add to their portfolio. Sale includes two tax parcels. 5 year leases with 3% annual bumps! *DISCRETION ADVISED Do not disturb tenants

Listing Details

Asset Class: Retail
Year Built: 1941
Building Total Square Feet: 2916
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: C1

Listing Courtesy of: COMPASS

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.